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Fly News Breaks for May 18, 2015
CCXI
May 18, 2015 | 06:34 EDT
JPMorgan upgraded ChemoCentryx to Overweight and doubled its price target for shares to $14 from $7. The firm believes the company's lead assets, CCX140 in diabetic nephropathy and CCX168 in ANCA associated vasculitis, are being underappreciated by investors.
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